Zenrock’s wrapped Zcash token, zenZEC, has reached $15 million in trading volume on the Solana blockchain since its launch on October 31, 2025 — marking a breakthrough moment for integrating privacy-focused crypto into decentralized finance (DeFi).
While zenZEC’s numbers may seem modest compared to multi-billion-dollar tokens, its significance lies in what it represents — a growing market demand for solutions that combine privacy, usability, and speed across blockchains.
Zenrock’s zenZEC brings together the privacy of Zcash and the performance of Solana, leveraging a multi-party computation (MPC) network that redefines security standards for digital assets.
The MPC network splits private keys into multiple independent secret shares, distributed across nodes managed by different third-party operators. This means:
This approach not only enhances protection against hacks and key leaks but also enables cross-chain compatibility — making zenZEC a blueprint for privacy-preserving interoperability.
For the first time in over seven years, Zcash holders can now access on-chain DeFi opportunities through Solana’s fast-growing ecosystem of decentralized exchanges, lending markets, and yield protocols.
Orca — one of Solana’s top decentralized exchanges — has already added support for zenZEC, launching liquidity incentives to accelerate adoption and deepen the token’s liquidity.
“Privacy is core to the ethos of crypto,” said Aditya Dave, co-founder of Zenrock. “Over the past two years, institutional adoption through stablecoins has often sacrificed privacy. Zenrock brought ZEC to Solana via zenZEC to combine Solana’s speed with Zcash’s privacy.”
Looking ahead, zenZEC will soon be available as collateral in Solana-based DeFi protocols, allowing users to borrow, lend, and stake assets while maintaining privacy — an entirely new use case for Zcash in decentralized markets.
Zcash (ZEC) has experienced a dramatic resurgence, rallying 16× since September and currently trading around $659. The move reflects renewed global interest in privacy-preserving crypto assets — and underscores how cross-chain innovations like zenZEC can unlock long-dormant potential in legacy projects.
By bridging Zcash’s zero-knowledge privacy with Solana’s high-speed architecture, Zenrock is doing more than creating a wrapped token — it’s building the foundation for a new era of private, interoperable DeFi.
The rise of zenZEC signals a shift: privacy is no longer a niche — it’s becoming a core layer of Web3 infrastructure.
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